Your Legacy Starts Here

Mr. Noble founded NRI in November 1997 and has more than 35 years of experience in the oil and gas industry.  Mr. Noble is a third generation oil man and began his energy career in 1985 by joining his father’s exploration company. He worked in all phases of the upstream company for 12 years and eventually managed the E&P company just prior to his founding of Noble Royalties, Inc. in 1997. NRI is a niche energy company that does not drill or operate. Instead, NRI specializes in acquiring valuable mineral, royalty and overriding royalty properties. Since 1997, NRI has acquired Royalties into an impressive 9 million acres across 30 states and 669 counties, with ownership interests in over 90,000 producing wells. Mr. Noble has created one of the largest and most diversified private oil and gas royalty companies in the United States still managing more than $1.4 billion in royalty assets with Compass.  Other notable institutional partnerships include the $800mm Blackstone Group sale/merger to Osprey (which was eventually merged into Sitio Royalties), a $70mm joint venture with KKR. Noble Royalties, Inc. is currently partnered with a global private equity firm with the formation of Belvedere Royalties, LLC.

Mr. Noble joined NRI in 2019 as a Petroleum Engineer and has since acted as SVP, Corporate Strategy for Compass before moving into his role as President. Mr. Noble’s roles include oversight of the Financial, Asset Management, and Operations of Compass, as well as developing and implementing strategies for the benefit of Compass’ clients. Prior to NRI, Mr. Noble gained experience as a Reserve’s Analyst for Netherland, Sewell & Associates, Inc. His experience also includes evaluations, from both an engineering and financial perspective, of large-scale royalty transactions in both the Private and Public markets at Anderson King Energy and NRI. Across his various roles, Mr. Noble has a variety ofexperiences in mineral and Royalties investments, building a key understanding of the underlying assets prior to developing vision and strategy for Compass. Mr. Noble received a B.S. in Mechanical Engineering, Petroleum Engineering at the University of Southern California, and has since guided Compass’ clients and assets through multiple oil and natural gas investment cycles without disruption.

Mr. Karras joined NRI in 2018 and has since acted in various engineering, finance, and management functions for NRI and Compass. Mr. Karras plays a key role in acquisitions, divestitures, asset management, business analytics, and operational excellence activities within the three entities. He is a founder and Board member of a private equity-backed joint venture mineral and royalty acquisitions company, which has deployed over $150 million to date.  Before joining NRI, Mr. Karras had over a decade of experience in multiple petroleum engineering and finance disciplines for public and private equity-backed operators and acquisitions firms. His history includes managing world-class assets, evaluating hundreds of deals totaling over $4 billion in successful A&D transactions, and designing, implementing, and managing the engineering and acquisitions departments for multiple companies. For these achievements, Mr. Karras was honored as one of the Oil and Gas Investor Magazine’s “Forty under 40” in 2020.  Mr. Karras received his Bachelor of Science in Petroleum Engineering from the Colorado School of Mines and a Master in Business Administration in Corporate Finance from Southern Methodist University.

Mr. King joined NRI in 2022 as Chief Financial Officer and manages the finance, accounting and forecasting processes for an institutional partner.  Mr. King previously served in a variety of management roles including President and Vice President of Finance at High Road Resources, an Appalachia-focused upstream and midstream company that received a $400 million equity commitment from funds affiliated with Apollo Global Management. Mr. King led all finance, accounting and administrative functions for High Road Resources from the company’s inception through the sale of its operating subsidiaries.  Mr. King holds a Bachelor of Business Administration with a concentration in Finance from Texas Christian University.